There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

1869 $1 MS65 PCGS. CAC....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Aug 12, 2011
Item Activity: 9 Internet/mail/phone bidders
966 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631


Historic Gem 1869 Seated Dollar
An Important Condition Rarity
1869 $1 MS65 PCGS. CAC. It is one of the great ironies of America's mining history that it had two major gold rushes before its first big silver rush. The southeastern U.S. saw gold-only branch mints rise in Charlotte and Dahlonega in the 1830s, while the late 1840s and 1850s saw the rise of California, the "Golden State," but it was not until the 1860s that Nevada emerged as the "Silver State," making the jump from territory to statehood in 1864. The silver from Nevada began to restore the nation's bimetallic balance, which a decade-plus of California gold production had thrown off, and as production at the Comstock Lode ramped up in the late 1860s, so too did strikings of silver dollars.
That is the connection made by Q. David Bowers in Silver Dollars and Trade Dollars of the United States, though he notes the considerable scholarly disagreement over the purpose to which the late 1860s Seated dollars were put. He cites a pair of authorities who claim that the pieces were made for export, including a former Comptroller of the Currency, but counterbalances their opinions with that of R.W. Julian, who wrote for the book: "That some of these dollars did got to the Orient I again have no doubt, but I think that there was less than 25,000 annually and perhaps considerably less..."
Certainly the late 1860s Seated dollars are about as available in lesser grades as their earliest With Motto counterparts, though as always, there are variations at the highest levels. Among the best-preserved 1869 Seated dollars is this Gem, which clearly never saw circulation, either domestically or overseas. The luster is boldly reflective, setting up contrast on the reverse, and the light golden overtone across each side deepens to amber and violet along the bottom reverse rim. Population: 2 in 65, 2 finer (7/11).(Registry values: N7079) (NGC ID# 24ZC, PCGS# 6962)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 5 days left to consign to the 2015 April 22 - 27 CSNS US Coins Signature Auction - Chicago!
Learn About Consigning With Us
You have made the selling of parts of my collection a thoughtful and enjoyable experience-even more so than I could have imagined.
CA receives more traffic than any other auction house website. To compare for yourself, visit:
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
REALIZED $6,523,495
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
REALIZED $3,001,255
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
REALIZED $990,575